Making Compound Interest Work For You
Erick Murray Today, we’re going to talk about one of the most powerful forces in personal finance—compound interest. So, what exactly is compound interest? It’s when you earn interest on your interest. Over time, this creates a snowball effect that can lead to exponential growth in your investments. Let’s think about the snowball effect. Suppose […]
How Does The Lottery Work?
John Healy Hi, I’m John Healy, chief investment officer of Healy Wealth Management, and today I want to talk about the lottery. Recently we had a big jackpot here on Powerball in Georgia, $1.8 billion was split between two winners. One of them was in Missouri and one of them was in Texas. That’s right. […]
Securing Your Digital Finances
Erick Murray Today, I want to talk about a topic that doesn’t always come up in financial planning conversations, but it is absolutely essential. That being cyber security. We talk a lot about protecting your money, but protecting your personal data and your online accounts is going to be just as critical for you. In […]
Are Index Funds Really A Good Idea?
John Healy Hi, I’m John Healy, chief investment officer of Healy Wealth Management. Today, I want to talk about something that many professional investors and financial advisors don’t often address head on. And that’s the subject of indexing. They don’t address it necessarily because it’s a taboo topic, but I think it’s rarely addressed because […]
What Every Investor Must Know About Portfolio Risk Management
https://youtu.be/XxkIq9MLwh0 Kathy Hi, I’m Kathy Healy with Healy Wealth Management. Today we’re here with John Healy, our chief investment officer, to talk about risk. John, can you explain risk and talk about some of the types of risks that concern you as a portfolio manager? John Risk and investing refers to the possibility of losing […]
Why Women Need a Different Retirement Strategy in 2024
https://youtu.be/_3uNahZpyuk Hi, I’m Kathy Healy, managing partner of Healy Wealth Management. Today I’m here to talk about saving for retirement. There are always competing goals about how to use your money. The tension is between using your money to enjoy today or saving it to secure your future. Today I’m specifically going to talk about […]